The Prime Minister Confirms Support For The Industrial Sector And Iraqi Goods By 18% Of The Product Value

 The Prime Minister Confirms Support For The Industrial Sector And Iraqi Goods By 18% Of The Product Value

Economy | 01:17 - 05/31/2025  Mawazine News – Baghdad  Prime Minister Mohammed Shia Al-Sudani affirmed the government's support for the industrial sector in developing production and reducing unemployment, while pointing out the commitment to support manufactured goods inside Iraq with 18% of the product's value for export abroad.

The Prime Minister's media office said in a statement received by Mawazine News that "Prime Minister Mohammed Shia Al-Sudani inaugurated, today, Saturday, the factories of the United Arab Food Industries Company Limited, located in Mahmoudiya District, south of Baghdad on the international highway."

 The statement  added that "the Prime Minister toured the company, its factories and administrative departments, met with its employees, and listened to a detailed explanation of the company's products and the level of production, which represents the first phase of work, and the challenges it faces."

According to the statement, the Prime Minister praised "the efforts of those in charge of the company and its employees," stressing "the government's readiness to provide all facilities and services in order to move to the second phase of expansion in work and production."

He praised the factory, "which represents one of the milestones we are proud of, as it was constructed to modern specifications," stressing "our commitment to supporting the private sector's successful experiences in establishing modern production lines, and as a true partner in advancing the national economy."  https://www.mawazin.net/Details.aspx?jimare=262064

Jon Dowling : Sudani is finalizing the budget this week to be done well before Eid Al Adha holiday this coming Saturday.

 Jon Dowling

 We’re here, the first of June!

 And with it you can see the new system is being cued up and the old one is being dismantled for the normies to see. 

And XRP is at the forefront of it all. 

Notice how President Trump mentioned %13 tax rate? 

He’s giving us major NESARA comms. Even less than the anticipated %14-17 rate initially discussed. 

Maliki, an Obama holdover is Iraq is being isolated for either jail or outright execution.

 Sudani is finalizing the budget this week to be done well before Eid Al Adha holiday this coming Saturday.

NADER FROM THE MID EAST: " Soon we'll be in every bank in United States"...

What Is The Truth About Stopping The Use Of Electronic Payment Cards?

 What Is The Truth About Stopping The Use Of Electronic Payment Cards?

Banks  Economy News – Baghdad  Rafidain Bank categorically denied, on Saturday, reports circulating about the suspension of electronic payment cards.

A statement from Rafidain Bank received by Al-Eqtisad News stated, "There is no truth to the circulating news regarding the suspension of electronic payment cards, and no decision has been issued by Mastercard or any relevant official body regarding their suspension."

He explained that "all MasterCard and Visa cards issued by the bank are operating fully and normally inside and outside Iraq."

He pointed out that "Rafidain Bank's digital banking system continues to provide its services without any disruption, and that the bank is committed to ensuring a stable and secure banking experience for its customers at all times."

According to the statement, the bank called on citizens "not to be drawn into malicious rumors and to rely exclusively on news and updates from the bank's official sources."  https://economy-news.net/content.php?id=56057

WALkINGSTICK: This is a big announcement

 Walkingstick 

 [Response to  Clare 5-31-2025 Article below]

 This is a big announcement.  The United Nations fronted Iraq.  

They beat the CBI to the punch because this is a very big strong statement to release.  

It's a new world now that Trump is back in office.

Clare 

 Article:  "Al-Hassan: Iraq is on its way to becoming a banking powerhouse domestically and internationally." 

Quote: "Al-Hassan pointed out that the United Nations supports Iraq's approach, which will in the coming days become a banking force that interacts internally and externally."

FIREFLY: They say soon the parallel market price will come to match the official CBI rate #iqd

 

PM Shia Al-Sudani met with U.S. Senator Jacky Rosen, a member of the Senate Armed Services Committee and the Foreign Relations Committee& US EMBASSY IN IRAQ

 Prime Minister Mohammed Shia Al-Sudani met with U.S. Senator Jacky Rosen, a member of the Senate Armed Services Committee and the Foreign Relations Committee, along with her accompanying delegation and the Chargé d’Affaires of the U.S. Embassy in Iraq.

The discussions addressed the overall Iraqi-US relations and ways to strengthen them in support of mutual interests, Iraq’s progress toward economic recovery, and enhancing regional stability.

Prime Minister Al-Sudani emphasized the importance of strengthening relations with the United States across various fields and continuing bilateral dialogue based on mutual respect, Iraq’s sovereignty, and shared values, within the framework of existing agreements and the strategic partnership between the two friendly nations.

The Prime Minister also highlighted the need to develop a comprehensive vision for Iraq in light of the significant economic and developmental transformation underway in the country.